EU wheat, barley yields cut for third straight month

After 1,072 past bullish weather events, Wheat (SRW) moved a median +0.2% over 5 sessions (55% higher; middle half -1.4% to +2.3%), and +0.3% over 20.

• Aug 12, 2021Strategie Grains Lowers Forecast For EU Wheat, Barley Harvests | ESM Magazine+2.5%
• Jul 31, 2021Wheat set for second monthly gain as drought cuts US yields - Markets - Business Recorder+1.8%
• Jun 27, 2017EU Crop Monitor MARS lowers forecasts for wheat, barley+3.2%
• Jun 30, 2023Tight outlook for EU barley next season? Grain market daily | AHDB-8.4%
• Jan 21, 2020Wheat export pace solid, barley lags - Grain Central-4.1%

Not enough comparable past events yet for a historical read.

After 1,465 past bullish weather events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.9% over 20.

• Sep 16, 2019MARS cuts EU grain yields especially for corn market+3.4%
• Jun 27, 2017EU Crop Monitor MARS lowers forecasts for wheat, barley+4.8%
• Jul 11, 2022What to Expect as Corn Yields Face a Third Straight La Niña - farmdoc daily-14.4%
• Mar 24, 2022Bad omen for central US weather | World Grain+1.8%
• Aug 24, 2023More wheat and barley, but lower oat stocks at end-June: Grain market daily | AHDB-2.8%